Headlines

Uber to offer Seine cruises, day trips in Paris during Olympics rush

Uber to offer Seine cruises, day trips in Paris during Olympics rush

The ride-hailing platform will offer its “Uber Cruises” free of charge from July 12 to August 3, and customers can also ..

BYD unveils new hybrid tech as battle with gasoline rivals heats up

BYD unveils new hybrid tech as battle with gasoline rivals heats up

SHANGHAI (Reuters) -China’s BYD launched on Tuesday the latest version of a plug-in hybrid technology that improves fuel and co..

Hess shareholders sign off on $53 billion sale to Chevron

Hess shareholders sign off on $53 billion sale to Chevron

By Sabrina Valle HOUSTON (Reuters) -Hess shareholders on Tuesday approved the proposed $53 billion merger with Chevron that paves the..

Global equity index dips as investors await inflation prints

Global equity index dips as investors await inflation prints

By Sinéad Carew and Alun John NEW YORK/LONDON (Reuters) -A global equities gauge fell slightly on Tuesday while U.S. indexes were a..

Dollar slips ahead of data, set for first monthly drop in 2024

Dollar slips ahead of data, set for first monthly drop in 2024

By Stefano Rebaudo (Reuters) -The dollar eased against most currencies on Tuesday ahead of key U.S. and euro zone inflation data late..

What is OPEC+ and how does it affect oil prices?

What is OPEC+ and how does it affect oil prices?

DUBAI (Reuters) – The Organization of the Petroleum Exporting Countries (OPEC) and allies including Russia are known collecti..

Oil edges higher after inflation gloom hit prices

Oil edges higher after inflation gloom hit prices

By Robert Harvey LONDON (Reuters) – Oil prices crept higher on Friday, having been under pressure from lingering concerns that ..

Headlines

Dollar holds firm as traders trim US rate cut bets

Dollar holds firm as traders trim US rate cut bets

By Tom Westbrook and Amanda Cooper SINGAPORE/LONDON (Reuters) – The dollar was set for its largest weekly rise in a month-and-a-half on Friday ..

Wall St rallies, Treasury yields steady ahead of holiday weekend

Wall St rallies, Treasury yields steady ahead of holiday weekend

By Stephen Culp NEW YORK (Reuters) – Wall Street rebounded and Treasury yields paused in the wake of upbeat economic data on Fr..

UK commercial property values stabilising despite offices drag, says British Land

UK commercial property values stabilising despite offices drag, says British Land

By Iain Withers and Aby Jose Koilparambil LONDON (Reuters) -Landlord British Land said UK commercial property values have begun to st..

Stellantis CEO: electric vehicle tariffs are a trap

Stellantis CEO: electric vehicle tariffs are a trap

By Joseph White and Christoph Steitz MUNICH (Reuters) -Stellantis expects a major battle with Chinese rivals in the European market..

Analysis-Europe stock pickers go old-school to ride the next wave in AI

Analysis-Europe stock pickers go old-school to ride the next wave in AI

By Lucy Raitano LONDON (Reuters) – European stock pickers are turning to more established sectors like utilities, professiona..

European shares to hit pause before rising again in 2025: Reuters poll

European shares to hit pause before rising again in 2025: Reuters poll

By Danilo Masoni and Samuel Indyk MILAN (Reuters) – A record-breaking run in European shares has made them more vulnerable to p..

Stocks stumble on inflation jitters, offsetting high Nvidia hopes

Stocks stumble on inflation jitters, offsetting high Nvidia hopes

By Tom Wilson LONDON (Reuters) -Shares fell on Wednesday as stronger-than-expected inflation in Britain offset hopes that AI-heavywei..

UK inflation pressure stays hot, dashing hopes for June rate cut

UK inflation pressure stays hot, dashing hopes for June rate cut

By Andy Bruce and Suban Abdulla LONDON (Reuters) -Inflation in Britain eased less than expected and a key core measure of prices bare..

Dollar up as traders await Fed clues; sterling rises

Dollar up as traders await Fed clues; sterling rises

By Saqib Iqbal Ahmed NEW YORK (Reuters) -The dollar rose against the euro on Wednesday as investors awaited Federal Reserve meeting m..

US dollar dips vs yen after Fed’s Waller rules out rate hikes again

US dollar dips vs yen after Fed’s Waller rules out rate hikes again

By Gertrude Chavez-Dreyfuss and Stefano Rebaudo NEW YORK/MILAN (Reuters) – The U.S. dollar slipped against the yen on Tuesday i..

Sterling steady ahead of expected drop in inflation

Sterling steady ahead of expected drop in inflation

By Harry Robertson LONDON (Reuters) – The pound held steady on Monday as markets waited for April inflation data later in the w..

Asking prices for UK homes hit record high, Rightmove says

Asking prices for UK homes hit record high, Rightmove says

LONDON (Reuters) – Prices of homes being put up for sale in Britain have hit record highs despite still expensive mortgage cost..

Italy’s large deficit, debt could erode investor confidence, IMF warns

Italy’s large deficit, debt could erode investor confidence, IMF warns

By Giuseppe Fonte ROME (Reuters) – Italy’s huge budget deficit and debt along with delays in spending post-COVID EU funds..

Wall St, world stocks advance, metals shine

Wall St, world stocks advance, metals shine

By Stephen Culp NEW YORK (Reuters) -U.S. stocks followed the example of their European counterparts, gaining ground on Monday while g..

European shares eke out gains amid interest rate uncertainty

European shares eke out gains amid interest rate uncertainty

By Sruthi Shankar and Johann M Cherian (Reuters) -European shares ended marginally higher on Monday, with defence stocks in the lead,..

Dollar firm as investors await Fed guidance

Dollar firm as investors await Fed guidance

By Saqib Iqbal Ahmed NEW YORK (Reuters) -The dollar was firm against the euro on Monday as investors awaited further clues to help th..

European shares end lower on rate cut jitters; Richemont shines

European shares end lower on rate cut jitters; Richemont shines

By Ankika Biswas and Johann M Cherian (Reuters) -European shares closed lower on Friday, as investors turned cautious following remar..

Dollar mostly flat as market mulls inflation outlook

Dollar mostly flat as market mulls inflation outlook

By Herbert Lash and Iain Withers NEW YORK/LONDON (Reuters) – The dollar traded little changed against major currencies on Frida..

Stocks inch up as timing of US rate cuts weighed; copper jumps

Stocks inch up as timing of US rate cuts weighed; copper jumps

By Caroline Valetkevitch NEW YORK (Reuters) -World stock indexes edged higher and U.S. Treasury yields also rose on Friday as investo..

Engie Q1 profit drops on warmer winter, steady market

Engie Q1 profit drops on warmer winter, steady market

By America Hernandez PARIS (Reuters) – French energy company Engie said on Friday first-quarter earnings fell 3.2% as a warmer ..

Carlos Slim’s FCC to spin off and list cement and real estate unit

Carlos Slim’s FCC to spin off and list cement and real estate unit

MADRID (Reuters) – Mexican billionaire Carlos Slim’s Spanish unit FCC plans to spin off its cement and real estate assets..

GSK raises $1.5 billion from offloading Haleon stake at a discount

GSK raises $1.5 billion from offloading Haleon stake at a discount

(Reuters) – GSK has raised 1.25 billion pounds ($1.52 billion) from selling its entire remaining stake in consumer healthcare f..

British grocer Sainsbury’s partners with Microsoft to use AI for data insights

British grocer Sainsbury’s partners with Microsoft to use AI for data insights

LONDON (Reuters) – Britain’s Sainsbury’s said on Friday it has agreed a five-year strategic partnership with Micros..

Prosus, parent group Naspers name Fabricio Bloisi as new CEO

Prosus, parent group Naspers name Fabricio Bloisi as new CEO

(Reuters) -Dutch technology investor Prosus and its South African parent group Naspers on Friday named Fabricio Bloisi as the new chi..

Oil prices rise after US economic data raises rate cut expectations

Oil prices rise after US economic data raises rate cut expectations

By Laila Kearney NEW YORK (Reuters) -Oil futures rose on Thursday on a stabilizing U.S. job market and slower-than-expected inflation..

Dollar rebounds on hot US import prices

Dollar rebounds on hot US import prices

By Herbert Lash and Harry Robertson NEW YORK/LONDON (Reuters) -The dollar rose on Thursday after data showed U.S. import prices incre..

German experts cut their tax revenue forecasts for 2024-28 by 1.5%

German experts cut their tax revenue forecasts for 2024-28 by 1.5%

By Maria Martinez BERLIN (Reuters) -Germany’s council of tax experts cut their forecast for total tax revenue over the next fiv..

Fears of German ‘de-industrialisation’ may be overblown – for now

Fears of German ‘de-industrialisation’ may be overblown – for now

By Maria Martinez BERLIN (Reuters) – High energy costs, weak global demand, a disruptive shift towards net-zero economies, and ..

Siemens misses profit forecast as industrial business struggles

Siemens misses profit forecast as industrial business struggles

By John Revill ZURICH (Reuters) – Siemens reported a drop in second-quarter earnings at its industrial business, the German eng..

Italy cuts Eni stake, raises 1.4 billion euros

Italy cuts Eni stake, raises 1.4 billion euros

By Giuseppe Fonte and Francesca Landini ROME (Reuters) -Italy’s Treasury sold a 2.8% stake in energy group Eni on Wednesday, po..